IACI intends to raise
IACI will be managed by a subset of Intrepid’s current management team.
IACI intends to list its units to be issued on the Nasdaq Global Market under the symbol “IACIU.” Each such unit will consist of one share of IACI’s Class A common stock and one-half of one redeemable warrant to purchase one share of IACI’s Class A common stock, which, once separated, are expected to trade under the ticker symbols “IACI” and “IACIW,” respectively.
A registration statement, including a prospectus, relating to the proposed offering has been filed with the
There can be no assurance the public filing of a registration statement on Form S-1 will result in any transaction or other action by IACI. None of Intrepid, CW Interests or IACI intends to comment on or provide updates regarding these matters unless and until it determines that further disclosure is appropriate or required based on the then-current facts and circumstances.
Forward Looking Statements
Certain statements in this press release constitute “forward-looking statements” for purposes of federal securities laws. IACI’s forward-looking statements include, but are not limited to, statements regarding IACI’s or IACI’s management team’s expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example, statements about the proposed initial public offering of IACI, the amount of proceeds IACI expects to receive in the proposed offering, IACI’s ability to select an appropriate target business or businesses, IACI’s ability to complete its initial business combination and the ability of IACI’s current management team to maintain operational control over the post-initial business combination business and act as a long-term manager of its target asset or business. The forward-looking statements contained in this press release are based on IACI’s current expectations and beliefs concerning future developments and their potential effects on IACI. There can be no assurance that future developments affecting IACI will be those that IACI has anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond IACI’s control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described in IACI’s filings with the
Explanatory Note
While
Phone: 303-996-3048
Email: matt.preston@intrepidpotash.com
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